Beijing lockdown rumors; Outbound travel restrictions; Real estate debt mess; Xi and the Youth League
Today’s Essential Eight:
Outbreaks - “The so-called ‘lockdown’ and ‘static management’ are rumors and there is no need to stock up on food” - Beijing official. After the official said this, a lot of people in Beijing saw it as a signal to stock up on food and necessities to prepare for a coming lockdown. Beijing is still not fully locked down and there i…